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By ALT Perspective With a week choke-full of earnings beats at several Chinese Internet companies, we should have been celebrating a surge in share prices. Not forgetting that we started the week on a strong footing given the long-awaited confirmation that Alibaba Group's ( BABA ) Hong...
"Some U.S. political forces are taking hostage of China-U.S. relations, attempting to push ties to the brink of a so-called 'new Cold War,'" China's Foreign Minister Wang Yi said Sunday during his annual news briefing on the sidelines of the National People's Congress. More news on: iSha...
In a sign of the uncertainty facing its economy, China scrapped its annual growth target for the first time since it began the practice in 1994, due to the "global epidemic situation and economic and trade situation." More news on: iShares China Large-Cap ETF, KraneShares CSI China Inter...
China's top leaders are descending on Beijing as calls grow for an investigation into the government's handling of the earliest stages of the coronavirus pandemic. More news on: iShares China Large-Cap ETF, KraneShares CSI China Internet ETF, Invesco China Technology ETF, Global news and f...
By ALT Perspective Despite two days of recovery, US indices were unable to shake off the steep sell-off on Wednesday after a sober warning from Federal Reserve Chairman Jerome Powell that more needs to be done to support the economy amid the ill effects of the coronavirus pandemic. The S...
The Trump administration has directed the U.S. federal employee retirement fund to scrap the placement of more than $4B into Chinese investments, a decision it had intended to boost returns. More news on: iShares China Large-Cap ETF, KraneShares CSI China Internet ETF, Invesco China Tech...
By ALT Perspective In the past week, the equity indices of Chinese companies rallied in line with their U.S. counterparts ( SPY )( DIA )( QTEC ). The April jobs report released on Friday showed the unemployment rate jumped to a record 14.7 percent that while grim, the figure was less di...
Top trade negotiators for the U.S. and China talked by phone overnight, pledging to create "governmental infrastructures necessary to make the phase one trade deal "a success." More news on: iShares China Large-Cap ETF, KraneShares CSI China Internet ETF, Invesco China Technology ETF, Top ...
India is seeking to lure U.S. business out of China as tensions ramp up over Beijing's role in the coronavirus pandemic, Bloomberg reports . More news on: Abbott Laboratories, Medtronic plc, iShares China Large-Cap ETF, Global news and forex, News on ETFs, , Read more ...
By ALT Perspective It was supposed to be a strong week thanks to widely reported news on the favorable outcomes from patients with COVID-19 treated with the experimental antiviral drug remdesivir from Gilead Sciences, Inc. ( GILD ). The positive news helped the S&P 500 end April ...
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In April, China’s retail sales growth decelerated while industrial activity remained robust, according to data released on Friday by the Nati...
With the China internet sector up 15% year-to-date (or KraneShares Trust KraneShares CSI China Internet ETF (NYSE: KWEB) +30% from late-January l...
Tencent Music Entertainment Group (NYSE:TME) reported a fiscal first-quarter 2024 revenue decline of 3.4% year-over-year to $937.0 millio...